Bollywood Actor Aftab Shivdasani Offloads Mumbai Apartment for ₹7 Crore
Mumbai real estate sees another big-ticket deal as Aftab Shivdasani sells his 1304-square feet apartment in Lower Parel for ₹7 crore.
Mumbai Real EstateAftab ShivdasaniRaheja AtlantisBollywoodCelebrity DealsReal EstateSep 05, 2024
The apartment, which was sold along with three car parks, is located in the prestigious Raheja Atlantis project in Lower Parel, Mumbai. Developed by Raheja Universal Pvt Ltd, Raheja Atlantis is a gated residential complex with three towers housing over 300 units in the 2-6 BHK configurations.
According to property registration documents accessed through Zapkey.com, the big-ticket deal was registered on August 17, 2024, and attracted a stamp duty of ₹35 lakh and a registration fee of ₹30,000. The buyer of the property has been identified as Vaishali Pankaj Samdhani.
This deal is just the latest in a string of high-profile property transactions in Mumbai involving Bollywood celebrities. For decades, Mumbai's property market has been a preferred investment destination for the Bollywood fraternity, with many marquee names investing in commercial and residential properties.
In recent times, several Bollywood actors have made headlines for buying and selling properties in Mumbai. Last month, actor Manoj Bajpayee and his wife Shabana Bajpayee sold their apartment in Mumbai's Mahalaxmi locality for ₹9 crore. Similarly, film director Sajid Khan sold his Juhu apartment for ₹6.1 crore in June this year.
Raheja Universal Pvt Ltd, the developer of Raheja Atlantis, is a well-known real estate company with a presence in Mumbai and other cities. The company has developed several residential and commercial projects in Mumbai, including the popular Raheja Vivarea project in Mahalaxmi.
Mumbai's real estate market has witnessed a significant slowdown in recent years due to various factors, including high prices and regulatory issues. However, the market is expected to recover in the coming months, driven by demand from end-users and investors.
Raheja Universal Pvt Ltd is a leading real estate developer with a presence in Mumbai and other cities. The company has developed several residential and commercial projects in Mumbai, including the popular Raheja Vivarea project in Mahalaxmi.
Queries have been shared online with Aftab Shivdasani, and the story will be updated if/when a response is received.
Frequently Asked Questions
Who sold the 1304-square feet apartment in Mumbai?
Aftab Shivdasani
Where is the apartment located?
Raheja Atlantis, Lower Parel, Mumbai
How much was the stamp duty and registration fee for the transaction?
₹35 lakh and ₹30,000 respectively
Who is the buyer of the property?
Vaishali Pankaj Samdhani
What is the expected recovery time for Mumbai's real estate market?
In the coming months, driven by demand from end-users and investors
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